550 Park Avenue, Unit 10

Lenox Hill

$18,800,000
Price
6
Beds
7
Baths
1
1/2 Bath
7,000 Sq. Ft.
$2,686 / Sq. Ft.
7,000
Sq. Ft.
$2,686
per Sq. Ft.

Description

Nestled within the prestigious confines of 550 Park Avenue, this full-floor sanctuary effortlessly marries the quintessence of New York's bygone era with the pinnacle of modern luxury and design. Spanning an impressive 7,000 square feet, this residence, meticulously reimagined by the renowned interior designer David Kleinberg, stands as a beacon of unparalleled perfection, offering panoramic views of the Manhattan skyline from every cardinal direction. As you ascend in a private elevator landing,...Nestled within the prestigious confines of 550 Park Avenue, this full-floor sanctuary effortlessly marries the quintessence of New York's bygone era with the pinnacle of modern luxury and design. Spanning an impressive 7,000 square feet, this residence, meticulously reimagined by the renowned interior designer David Kleinberg, stands as a beacon of unparalleled perfection, offering panoramic views of the Manhattan skyline from every cardinal direction. As you ascend in a private elevator landing, you are welcomed into a realm of exquisite elegance. The entrance unfolds into a grand, circular foyer, leading to an extraordinary gallery that serves as the backbone of this architectural marvel, designed for the display of fine art and the seamless flow between resplendent living spaces. The public areas form a grand sequence of rooms-each a testament to sophisticated living and impeccable taste. From the splendid proportions of the living room to the refined ambiance of the formal dining room, reception room, and library, each space is imbued with natural light and breathtaking views. The heart of this home is the incredible eat-in chef's kitchen, a symphony of marble and stainless steel with state of the art appliances, flanked by a versatile wet bar, doubling as a butler's pantry. This culinary masterpiece is engineered for both grandiose entertaining and private moments, bridging elegance with functionality. The private quarters of the residence unfold with the same grandeur and attention to detail. The primary bedroom, a lavish 38-foot retreat, boasts a fireplace and views across three exposures, anchored by two opulent dressing rooms and marble bathrooms, alongside a bespoke home gym-creating a secluded enclave of luxury. The guest wing complements this sanctuary, offering spacious bedrooms, each with en-suite baths, ensuring privacy and comfort for guests and family alike. Further enhancing this exquisite residence are four fireplaces, high ceilings, and an abundance of storage, alongside a spacious laundry room with an adjacent staff room suite, and a separate service entrance. This residence is a testament to the grandiosity of Park Avenue living, offering a rare fusion of space, luxury, and panoramic beauty, all while encapsulating the very essence of an opulent New York lifestyle

Property Details for 550 Park Avenue, Unit 10

View
City, Panoramic, Skyline

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute
LISTING UPDATED: 03/01/2024 09:37 AM

Property Details for 550 Park Avenue, Unit 10

StatusActive
MLS IDRPLU-5122898515
Days on Market61
Taxes-
Maintenance$22,799 / month
Min. Down Pymt-
Total Rooms16.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1917
CountyNew York County

Building

550 Park Ave

36 Units17 StoriesBuilt in 1917

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute

Building Information for 550 Park Avenue, Unit 10

Building/Complex550 Park AveFloor-Stories17Residences36Pet PolicyAllowedYear Built1917Building AgePre-warBuilding TypeMidrise

Payment Calculator

$125,398 per month

30 year fixed, 7.25% Interest

Principal and Interest

$102,599

Property Taxes

$0

Maintenance/Common Charges

$22,799

The Payment Calculator is for illustrative purposes only.

Property Information for 550 Park Avenue, Unit 10

Summary
Location and General Information
  • Subdivision Name: Lenox Hill
  • Stories Total: 17
  • Exposures: East, West, North, South
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0037
  • Tax Deduction Percent: 58.00%
  • Tax Block: 01376
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $3
  • Building Tax Lot: 0037
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 7000.0
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Storage, Elevators
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: Yes
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 1240
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: VariesByUnit
  • Entry Level: 10
  • Appliances: WasherDryerAllowed
  • Fireplace Features: Bedroom
  • Fireplaces Total: 4
  • Fireplace: Yes
  • Dining Type: Formal
  • Kitchen Condition: Excellent
  • Floor Number: 10
  • Basement: No
  • Cooling: Yes
  • Laundry Features: WasherHookup, InUnit
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 5
Multi Family
Multi-Family Information
  • Number Of Units Total: 35
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanFullTime, ElevatorAttendancePartTime
  • Land Lease: No

Property History for 550 Park Avenue, Unit 10

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 550 Park Avenue, Unit 10

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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550 Park Avenue, Unit 10 is a co-op for sale in Lenox Hill. This property was listed for sale on March 1, 2024 by Douglas Elliman Real Estate, it's currently listed at $18,800,000. This listing's school district is New York City Geographic District # 2. Nearby schools include East Side Elementary School, PS 267, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 550 Park Avenue, Unit 10 is a 6-bed, 7.5-bath, 7,000 sqft co-op built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.